Fannie Mae (FNMA)

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Fiscal Impact

The Congressional Budget Office’s baseline includes $43.4 billion in mandatory spending during the FY 2023–FY 2032 period related to subsidies for mortgage loans purchased and securitized by Fannie Mae and Freddie Mac. Ending the conservatorships of Fannie Mae and Freddie Mac would reduce mandatory budget authority by $43.4 billion during the FY 2023–FY 2032 period.